American Electric Power

AEP Schedules Live Webcast Of Quarterly Earnings Call

Retrieved on: 
Thursday, July 30, 2020

COLUMBUS, Ohio, July 30, 2020 /PRNewswire/ -- American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.

Key Points: 
  • COLUMBUS, Ohio, July 30, 2020 /PRNewswire/ -- American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
  • The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.
  • The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of American Electric Power Company, Inc. (AEP) on Behalf of Investors

Retrieved on: 
Tuesday, July 28, 2020

Law Offices of Howard G. Smith announces an investigation on behalf of American Electric Power Company, Inc. ("AEP " or the "Company") (NYSE: AEP ) investors concerning the Company and its officers possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of American Electric Power Company, Inc. ("AEP " or the "Company") (NYSE: AEP ) investors concerning the Company and its officers possible violations of federal securities laws.
  • On July 26, 2020, the Columbus Dispatch reported allegations that a dark-money group funded by AEP contributed to the campaign of Ohio House speaker, Larry Householder, who is allegedly involved in an Ohio nuclear bribery and racketeering case.
  • On this news, the Companys share price fell $4.79 per share, or 5.44%, to close at $83.26 per share on July 27, 2020, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

AEP Recognized As One Of America's Best Employers For Women

Retrieved on: 
Tuesday, July 28, 2020

COLUMBUS, Ohio, July 28, 2020 /PRNewswire/ --American Electric Power (NYSE: AEP) has been named one of America's Best Employers for Women by Forbes and Statista.

Key Points: 
  • COLUMBUS, Ohio, July 28, 2020 /PRNewswire/ --American Electric Power (NYSE: AEP) has been named one of America's Best Employers for Women by Forbes and Statista.
  • "Building an inclusive workforce is a key part of AEP's mission and culture," said Nicholas K. Akins, AEP chairman, president and chief executive officer.
  • AEP is a member of Paradigm for Parity, a coalition of employers committed to promoting gender parity, and a signatory of the CEO Action for Diversity & Inclusion pledge.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of American Electric Power Company, Inc. (AEP) on Behalf of Investors

Retrieved on: 
Tuesday, July 28, 2020

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of American Electric Power Company, Inc. ("AEP" or the "Company") (NYSE: AEP ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of American Electric Power Company, Inc. ("AEP" or the "Company") (NYSE: AEP ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • Whistleblower Notice: Persons with non-public information regarding AEP should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

Statement From AEP About Investigation Of Ohio H.B. 6

Retrieved on: 
Monday, July 27, 2020

COLUMBUS, Ohio, July 27, 2020 /PRNewswire/ --Nicholas K. Akins, American Electric Power (NYSE: AEP) Chairman, President and Chief Executive Officer, issued the following statement today regarding the investigation surrounding Ohio House Bill 6.

Key Points: 
  • COLUMBUS, Ohio, July 27, 2020 /PRNewswire/ --Nicholas K. Akins, American Electric Power (NYSE: AEP) Chairman, President and Chief Executive Officer, issued the following statement today regarding the investigation surrounding Ohio House Bill 6.
  • "I want to be clear that as the investigation of the activities surrounding House Bill 6 continues, none of the alleged wrongful conduct in the criminal complaint involves AEP or its subsidiaries.
  • AEP, its affiliated political action committees and AEP executives actively participate in the political process in accordance with local, state and federal laws in the states we serve.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Named Top-Scoring Company On 2020 Disability Equality Index

Retrieved on: 
Wednesday, July 15, 2020

COLUMBUS, Ohio, July 15, 2020 /PRNewswire/ --American Electric Power (NYSE: AEP) has been named a Best Place to Work for Disability Inclusion for the fifth year in a row.

Key Points: 
  • COLUMBUS, Ohio, July 15, 2020 /PRNewswire/ --American Electric Power (NYSE: AEP) has been named a Best Place to Work for Disability Inclusion for the fifth year in a row.
  • The 2020 DEI survey evaluates cultural factors, leadership, community engagement, support services and workplace policies that promote accessibility.
  • AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle).
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP To Proceed With Full $2 Billion Investment In Wind Projects To Benefit Customers In Three States, Despite Texas Commission Decision

Retrieved on: 
Thursday, July 2, 2020

AEP is investing approximately $2 billion to bring new renewable energy to Public Service Company of Oklahoma (PSO) customers and SWEPCO customers in Arkansas and Louisiana.

Key Points: 
  • AEP is investing approximately $2 billion to bring new renewable energy to Public Service Company of Oklahoma (PSO) customers and SWEPCO customers in Arkansas and Louisiana.
  • AEP's SWEPCO and PSO operating units announced July 15, 2019, that they would seek regulatory approvals to purchase the three wind projects.
  • PSO will acquire 675 MW of the North Central wind projects to serve its customers in Oklahoma.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Energy Signs PPA For Output From New 400-MW Wind Project In Illinois

Retrieved on: 
Wednesday, July 1, 2020

AEP Energy will use the power from Panther Grove to serve customers, such as Google, who want clean energy for their retail supply.

Key Points: 
  • AEP Energy will use the power from Panther Grove to serve customers, such as Google, who want clean energy for their retail supply.
  • "AEP Energy is focused on providing customers with integrated, carbon-free energy supplies that deliver long-term price stability and environmental benefits.
  • Based in Columbus, Ohio and Chicago, Illinois, AEP Energy is committed to excellence by delivering value, innovative energy solutions and excellent customer service.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Names Deggendorf Vice President Of Transmission Asset Strategy And Policy

Retrieved on: 
Monday, June 15, 2020

COLUMBUS, Ohio, June 15, 2020 /PRNewswire/ --American Electric Power (NYSE: AEP) has named Michael Deggendorf vice president of Transmission Asset Strategy and Policy.

Key Points: 
  • COLUMBUS, Ohio, June 15, 2020 /PRNewswire/ --American Electric Power (NYSE: AEP) has named Michael Deggendorf vice president of Transmission Asset Strategy and Policy.
  • He oversees all Regional Transmission Organization (RTO), Federal Energy Regulatory Commission (FERC), state regulatory and strategic matters related to AEP Transmission and leads transmission project siting, outreach, and right-of-way acquisition.
  • He reports to Antonio Smyth, senior vice president of Transmission Ventures, Strategy and Policy.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

SimpliPhi Power and Heila Technologies Launch Customer-Cited Energy Storage Solution for Southwestern Electric Power Company

Retrieved on: 
Thursday, May 28, 2020

OXNARD, Calif., May 28, 2020 /PRNewswire/ -- SimpliPhi Power , a leading U.S. manufacturer of safe, non-toxic, cobalt-free lithium ion energy storage systems, has partnered with Heila Technologies to deploy intelligent energy storage+solar systems at a demonstration project in Shreveport, Louisiana with the support of Southwestern Electric Power Co. (SWEPCO), an American Electric Power (AEP) company .

Key Points: 
  • OXNARD, Calif., May 28, 2020 /PRNewswire/ -- SimpliPhi Power , a leading U.S. manufacturer of safe, non-toxic, cobalt-free lithium ion energy storage systems, has partnered with Heila Technologies to deploy intelligent energy storage+solar systems at a demonstration project in Shreveport, Louisiana with the support of Southwestern Electric Power Co. (SWEPCO), an American Electric Power (AEP) company .
  • The SimpliPhi+Heila solution , consists of PHI 3.8kWh batteries ,inverter(s), and a Heila EDGE controller which acts as a Battery Management System (BMS) and an Energy Management System (EMS).
  • This project will serve as a model for other stakeholders who are interested in the benefits of decentralized energy generation and storage working as a virtual power plant.
  • With a mission to create universal access to reliable, safe and affordable energy, SimpliPhi Power designs and manufactures efficient, non-toxic and enduring energy storage and management systems that utilize environmentally benign lithium ferro phosphate (LFP) battery chemistry.